Sagespring Wealth Partners LLC Raises Stake in Vanguard Information Technology ETF $VGT

Sagespring Wealth Partners LLC increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 71.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,388 shares of the exchange traded fund’s stock after buying an additional 1,407 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $2,554,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 598 shares during the period. AQR Capital Management LLC grew its position in Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares during the period. Goldman Sachs Group Inc. grew its position in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after buying an additional 5,309 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Vanguard Information Technology ETF by 70.3% during the 2nd quarter. SG Americas Securities LLC now owns 1,592 shares of the exchange traded fund’s stock valued at $1,056,000 after buying an additional 657 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.3%

Shares of VGT stock opened at $705.13 on Friday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99. The stock has a market cap of $105.52 billion, a PE ratio of 34.55 and a beta of 1.25. The business has a 50-day simple moving average of $739.44 and a 200-day simple moving average of $747.93.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.